More airport, road projects added to flagship program
THE MARCOS administration has added more airport, road and climate and disaster risk-reduction projects to its infrastructure flagship program.
The National Economic and Development...
NEDA Board adds 23 flagship projects
THE NATIONAL Economic and Development Authority (NEDA) Board on Tuesday added 23 new projects to the list of infrastructure flagship projects (IFPs), but it...
Philippines still largely ‘unfree’ in economic aspects — index
THE PHILIPPINES remained largely “unfree” in economic aspects, even as it inched up a spot to 88th out of 176 countries in a global ranking on economic freedom by The Heritage Foundation.
Sluggish government spending likely to drag growth this year
PHILIPPINE ECONOMIC GROWTH may slow to 5.4% this year, dragged by sluggish government spending, Bank of America (BofA) Global Research said.
BofA Global Research in...
Foreign chambers say economic Charter change to lift FDI
FOREIGN CHAMBERS of commerce in the Philippines on Tuesday asked lawmakers to lift foreign ownership limits in the 1987 Constitution, saying this would boost...
BusinessWorld names new editor-in-chief
BUSINESSWORLD Publishing Corp. appointed Cathy Rose A. Garcia as editor-in-chief, effective March 1.
Ms. Garcia has been managing editor since January 2020, steering the newsroom...
Debates on economic ‘Cha-cha’ begin
THE DEPARTMENT of Finance (DoF) on Monday asked Philippine lawmakers to ease foreign ownership limits in the 1987 Constitution for key sectors such as public utilities, mining, education, mass media and advertising to attract more investments.
P56-billion subway loan to be approved in March
A LOAN DEAL worth around P56 billion, which represents the third tranche of funding for the Metro Manila Subway project, is expected to be approved next month, according to the Department of Finance (DoF).
Poverty, corruption persist 38 years after ‘People Power’ uprising
JANDHEL SANDOVAL wasn’t born yet when Filipinos marched along a major thoroughfare in the Philippine capital region 38 years ago to end the dictatorship of the late Ferdinand E. Marcos, whose two-decade rule was marked by human rights violations and corruption.
DoE: Around 50 firms keen on energy resource exploration in PHL
AROUND 50 local and international oil and gas exploration and production companies have shown interest in participating in the bidding for the exploration of...
Gov’t raises P585B from RTB offering
THE GOVERNMENT raised a record P584.86 billion from its offering of five-year retail Treasury bonds (RTBs), exceeding the Bureau of the Treasury’s (BTr) target.
The...
Philippines urged to strengthen its measures against money laundering, terrorism financing
THE Philippines needs to strengthen its anti-money laundering (AML) and combating financing of terrorism (CFT) regime, as it again failed to exit the “gray...